14402 Prospect AveTustin, CA 92780

Property Details for 14402 Prospect Ave

Year built

1896

Lot size

2.66 AC

Property size (Sq ft)

2,392 SF

Property type

Commercial real estate

APN

401-311-20

APU

40131120

Description

This exceptional 1,425-square-foot retail space presents a unique opportunity in Tustin, California. Situated on a generous 3-acre lot in Orange County, this single-tenant property offers ample space for a variety of commercial uses. Built in 1986, the building is ready for immediate occupancy, with 1,425 square feet of vacant space available. The property's location within a well-established community provides excellent visibility and accessibility. The expansive grounds include attractive Meditation Gardens, creating a serene and inviting atmosphere. This property is ideally suited for businesses seeking a tranquil and spacious setting with significant outdoor space. The property's zoning and permitted uses should be independently verified. The address is 14402 Prospect Avenue, Tustin, CA 92780. This is a single-tenant property, offering a unique opportunity for a business to establish a strong presence in a desirable location. The property's size and location make it an attractive option for a variety of commercial ventures. Further details regarding the property's history and potential uses are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $710,111

  6.5%

  $655,487

  7%

  $608,667

• Comparable approach

  Method

  Valuation

  Relative Method

  $735,131

  Geo Method

  $841,912

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,309,680

  Retail / Commercial

  $667,844

  Mixed-Use / Specialty

  $662,505

  Hospitality / Lodging

  $482,207

  Office

  $655,487

  Institutional / Educational

  $687,680

  Residential Income

  $804,586

  Multifamily

  $981,380

  Automotive / Energy

  $589,440

  Parking / Income-Based Land

  $206,332

  Restaurant / Food Service

  $338,259

  Healthcare / Senior Housing

  $682,420

Location Insight

City

Tustin

County

Orange

State

California

Latitude

33.7536

Longitude

-117.822

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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